Author: NBTC

Binance broke above 240M registered users after the latest record crypto boom. Toward the end of 2024, Binance remained the top exchange both in terms of visits and liquidity. Binance carried the boom of 2024, expanding both its volumes and user base. Richard Teng, CEO of Binance, announced the milestone, underscoring the size of the crypto market. https://x.com/_RichardTeng/status/1857395323016032644 Binance remains a full KYC exchange, though in the past it has been accused of hosting bot accounts or spoofed identities. However, the recent user growth is corroborated by online trends, where Binance’s app and website also grow in popularity. Binance also…

In anticipation of the potential next major breakout Bitcoin is steadily rising toward the $72,000 mark. After successfully breaking through the upper limit of its prior declining channel Bitcoin has maintained its position above this level, which is encouraging and may signal additional upward momentum. By holding support above the upper limit of the long-standing descending price channel that characterized a large portion of its recent movement Bitcoin has demonstrated its resilience in the current price action. This move above earlier resistance might now serve as a level of support possibly creating the framework for an ongoing upward trend. If…

Malka Meyer, a director at Robinhood Markets, Inc. (NASDAQ: HOOD), recently sold a substantial portion of his holdings, as disclosed in a filing with the U.S. Securities and Exchange Commission (SEC). On November 6, 2024, Meyer offloaded a total of 321,218 shares of Robinhood’s Class A Common Stock at an average price of $30.0054, generating approximately $9.64 million in proceeds. The following day, on November 7, he sold an additional 105,875 shares at an average price of $30.0031, bringing in around $3.18 million. The largest transaction occurred on November 8, when Meyer sold 2,791,306 shares at an average price of…

VeChain’s recent financial report highlights treasury holdings reaching $287.9 million by Q3 2024. Key investments include ecosystem development, regulatory compliance, and global marketing. In alignment with its mission of transparency, VeChain has published a detailed financial report combining data from the second and third quarters of 2024. Since the launch of its public blockchain in the year 2017, VeChain has been providing its global community with quarterly reports, thereby building credibility. According to the latest report, VeChain has a total treasury value of $304.9 million at the end of Q2 2024, which is adjusted to $287.9 million at the end…

Changpeng Zhao, the former CEO of Binance, posted a cryptic message on his X page, “Be on the right side of history.” The statement echoed a post from 2022 in which Zhao described cryptocurrency as a better form of money benefiting billions globally. Source: Twitter In his post from 2022, Zhao advised his X community members not to be on the wrong side of history, stating that it would not be a good legacy. Although Zhao’s latest message did not pinpoint anything specific, market observers stated that he was referring to the U.S. Securities and Exchange Commission (SEC), considering the…

Meme coins have captured market interest once again as exchanges like Coinbase announce new listings. This trend of profitability during bullish market phases for meme coins continues, with excitement emerging around the introduction of additional tokens like PEPE and WIF. Contents hide 1 What is the Latest Listing on Coinbase? 2 How Might Market Trends Affect FLOKI? What is the Latest Listing on Coinbase? Following the recent updates regarding WIF and PEPE, Coinbase has now signaled the upcoming addition of FLOKI INU to its listing road map. While still in the formal stages, this development hints that FLOKI could be…

Bitcoin has experienced a volatile week, with prices oscillating between a local high of $69,500 and a low of $65,000. After weeks of excitement and upward momentum, the market has cooled off, and BTC is currently consolidating below the critical $70,000 level. This consolidation phase is crucial as traders assess the next potential move for Bitcoin. Analyst Ali Martinez has shared significant data from Binance, highlighting the high risk for short positions at the $68,500 mark. When such risk levels are present, the price often seeks liquidity, which suggests that it may gravitate toward supply zones. This behavior indicates that…

Though many technology and cryptocurrency stocks have achieved massive success in 2024, with MicroStrategy (NASDAQ: MSTR) being a prime example as it is up 420.42% year-to-date (YTD), few have matched the feat accomplished by one nano-cap Bitcoin (BTC) miner. BTC Digital Ltd. (NASDAQ: BTCT) entered an incredible surge during the November 12 session and rallied 316.67% within a single session from its previous closing price of $2.52 to $10.50. At one point on Tuesday, the rally appeared even more remarkable as BTCT shares rose to about $17. Additionally, the gains don’t appear to have been a one-day oddity – though…

Shytoshi Kusama, the Shiba Inu lead developer, has released a proposal to the next U.S. president, looking to drive blockchain growth in the country. The future of the U.S. crypto industry is on the line as Americans head to the polls to decide their next president. Despite most crypto industry leaders favoring Donald Trump, some believe Kamala Harris would take a more favorable crypto regulatory approach. The S.H.I.B. Initiative Whoever the winner is, Kusama has set out a proposal that suggests a roadmap to make the United States a leader in blockchain through the establishment of a Strategic Hub for…

The Hong Kong Monetary Authority cautions the public on overseas crypto firms falsely claiming to be banks, urging caution as such claims may violate local banking laws. Hong Kong‘s financial regulator, the Hong Kong Monetary Authority, warning against overseas crypto firms misrepresenting themselves as licensed banks in a Nov. 15 press release, saying such firms may be violating local regulations by using the word “bank” in their product descriptions or marketing materials. The HKMA highlighted two overseas crypto firms that recently held activities in Hong Kong. One firm was reported to have referred to itself as a “bank,” while the…